Another Sign Of The Economic Times

I recently was talking with a potential client regarding the benefits of a Fleet Management System for implementing and measuring cost control measures for his fleet of delivery trucks. In particular the client planned on implementing the GPS system to reduce vehicle idling time, manage the length of time the trucks stopped at their delivery locations. He was expecting to see a cost reduction of over 20% on just these two factors. As we were wrapping up our meeting a friend of his stopped in and overheard some of our discussion and was interested in GPS for vehicle tracking.

The friend that joined us was a Finance Manager for a company that owned many car dealerships. He picked up on the basics of how the GPS Fleet Management System would benefit the cost monitoring efforts of the delivery fleet, I could see that he was growing interested and the wheels were churning on a problem that his organization was having. He explained that in his organization the number of delinquent loans had significantly increased over the past year. The increase was primarily due to the tough economic times that we are all well aware of. The Finance Manager went on to say that the dealerships were making efforts to work out alternative arrangements with their clients, but unfortunately in many cases the cars fell into a physical collection process, that I am sure no one plans on. His application for a GPS system was not about Fleet Management, but about a vehicle location service to locate their cars that were still under a finance obligation and the car needed to be collected. His application would require a GPS unit that could send out a location signal when requested. Ideally this would be a small unit that could be discreetly mounted in the vehicle and would stay active during the length of the contract.

This is not a typical application for the GPS Fleet Management System that we offer from Trimble. But I am interested in what you think about this type of potential monitoring during the length of a financial contract. Please contact us to discuss this or get information about how a Fleet Management System can help you.

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